The @Pay protocol is leveraging blockchain technology and DeFi to offer tailored e-commerce solutions to consumers and merchants.
CEO of Currencycloud, Mike Laven stated that the combination of Currencycloud’s fintech expertise coupled with Visa’s network will enable both parties to deliver greater customer value to the businesses moving money across borders.
Following the success of the Square Debit Card and Square Capital, the company is looking to further aid small businesses to better manage their finances.
The two players will work on helping businesses to accept crypto payments at their end. Mastercard will leverage Circle’s USDC stablecoin to facilitate instant settlement at their end.
The new travel booking feature of Revolut known as “Stays” will include premium options through which the users can book hotels and accommodation based on their ideal travel location.
The company will now offer a special facility where clients can use their Mastercard to conduct crypto transactions.
DriveWealth is a successful fintech startup that has recently gained momentum in terms of accelerated revenue.
The gradual acceptance of crypto among customers across the globe has not gone unnoticed by PayPal.
The latest Revolut funding was backed by Japanese investor SoftBank’s Vision 2 and British conglomerate Tiger Global.
In 2020, Skrill was identified as a major driver of digital currency adoption bringing crypto assets to millions of users.
Some banks, including Barclays and the UK branch of the Santander bank, have also blocked their customers from using their cards on the Binance exchange.
The Stripe stock market debut is not expected to be consummated this year, and while the firms see no need to raise funds through an IPO, the sources noted that these plans may change in the near term.
The research study also stated that 75% of millennials would use cryptocurrencies if they had a better understanding of them.
Pleo generates 70% of its income from the exchange fees extracted from a merchant’s bank account once a customer uses their card.
Pine Labs offers services to banks and merchants via a monthly fee and gets a micro fee on every transaction.